Discover how USDY, a yield-bearing stablecoin from Ondo Finance, offers secure, regulated returns backed by US Treasuries across multiple blockchains.

, which are crypto assets pegged to a major fiat asset, have gained tremendous popularity and are helping investors deal with the typical volatility of the market. For many years, stablecoin cryptocurrencies have been used for payments, principal value storage, B2B transactions and more. However, traditional stablecoins have always lacked the ability to generate yield. These assets are fixed at a certain rate (e.g., $1) and, due to inflation, they don’t protect against your funds’ value erosion. 

 have started to gain traction over the past several years. These "new generation" stablecoins, unlike their traditional counterparts, not only provide rate stability but also generate yields, growing your investment over time. One of the leading assets among yield-bearing stablecoins is US Dollar Yield (USDY), issued by Ondo USDY LLC, part of 

Backed by low-risk traditional finance (TradFi) reserves, USDY generates yields and is a fully composable asset that can be used throughout the DeFi ecosystems of multiple blockchains. The reserves and issuance of the stablecoin are also subject to high regulatory controls. In the world of yield-bearing stablecoins, USDY is among the top choices in terms of popularity, regulation and security.

What is the Ondo US Dollar Yield (USDY) Token?

 (USDY) is a yield-bearing stablecoin offered by Ondo USDY LLC, part of the Ondo Finance DeFi solutions provider. 

USDY’s value tracks that of the US dollar, and it’s backed by Treasury bills and demand deposit reserves. The coin issuer’s parent company, Ondo Finance, specializes in institutional-grade crypto solutions. Ondo aims to make on-chain institutional-grade finance tools and infrastructure accessible to anyone.

USDY was launched in August 2023. As of April 2025, the stablecoin has become available on 

 — a level of multichain coverage that few other stablecoins can match.

While USDY’s price tracks the US dollar’s, its rate is typically somewhat higher than $1 because yields earned by each unit of the stablecoin are added to it, increasing its nominal value.

 (RWAs), primarily Treasury bills, although some portion of the reserves may also be represented by bank demand deposits. Both of these financial asset types are considered cash equivalents.

To ensure the Ondo ecosystem's security, Ondo backs each $100 equivalent of USDY with reserves worth $104, maintaining a 4% overcollateralization rate at all times.

Ondo Finance takes the transparency of USDY seriously. The company has established a bankruptcy-remote mechanism, with a separate corporate entity controlling the issuance and oversight of the stablecoin in various ways, including a board of directors with an independent director, and segregation of assets and reporting from Ondo.

USDY is a fully composable asset that can be used in the DeFi ecosystems of its host blockchains for various purposes, such as collateral, 

USDY provides several significant benefits for its holders. First, it allows eligible individual and institutional investors to earn dollar-denominated yield. This is in contrast to traditional stablecoins, which provide no yield opportunities at all. While other yield-bearing stablecoins also generate returns for holders, some of these pay the yields in volatile cryptocurrencies, rather than high-quality assets.

Thanks to its dollar peg, USDY offers both yield and relative stability. Additionally, it’s fully composable, creating opportunities for use across various DeFi protocols. USDY is available on seven blockchains, providing access to more DeFi opportunities than most yield-bearing stablecoins.

The coin may also be used for passive holding, growing in value over time as yields accrue. In this capacity, USDY represents a good low-risk, on-chain investment opportunity.

Finally, USDY’s overcollateralization and backing by high-quality TradFi assets, Treasury bills and demand deposits make it one of the most secure yield-bearing stablecoins on the market.

How does Ondo US Dollar Yield (USDY) work?

Individuals and institutional entities need to undergo an onboarding process to acquire USDY, during which they submit relevant identity, legal and tax documents. Ondo diligently applies 

 (AML) checks in order to adhere to US securities laws, the Investment Company Act of 1940 and other relevant regulations.

US and UK residents cannot apply to buy USDY, although you may be eligible if you’re a US or UK citizen and reside abroad.

If your application is approved, you can be issued USDY 40 to 50 days after your initial deposit date, although you’ll start earning yield from the first day of your investment. The minimum amount for investment or redemption is $500. You can buy USDY from Ondo using the 

 stablecoin. US dollar wire transfers are also supported for amounts over $100,000.

Redemptions are only transferred in US dollars to bank accounts outside the US. You can redeem your USDY investment at any time, and the typical timeline to receive your funds is about 2–3 business days from the date of your request.

USDY accrues yield daily. The stablecoin’s yields are structured not to incur any US federal tax obligations. Ondo doesn’t charge any performance or management fees for USDY yields. However, the company earns income from a portion of yields generated by the underlying assets backing USDY.

As noted earlier, USDY’s yields accrue to each unit of the token. Therefore, the value of one USDY is usually above $1. For instance, the average value of USDY as of the time of this writing (Apr 30, 2025) is $1.11.

For investors who prefer a fixed $1 rate for the stablecoin, Ondo offers the rebasing version, called rUSDY. Yields for rUSDY are paid to your wallet in the form of additional tokens by increasing the supply of the crypto, while the principal remains at (or very close to) $1. This is known as rebasing. USDY and rUSDY are freely convertible between each other.

The rebased version of the coin might be useful to those who need to ensure rate stability (for example, for B2B payments of agreed-upon contractual amounts) while also earning yields from their investments.

 as a swap pair with the USDT stablecoin.

USDY boasts numerous benefits for investors — low-risk yields from high-quality traditional assets, wide multichain coverage, regulatory compliance, transparency, composability and rate stability. The combination of all these benefits is quite rare in the crypto market, and the investor community is definitely taking note: USDY is already the third-highest-ranked yield-bearing stablecoin by market cap as of late April 2025. 

Since the yield-bearing stablecoin niche is expanding, the advantages of the USDY are likely to attract further interest, both among the institutional crowd and with individuals keen to access high-quality, institutional-grade crypto products.

Intermediate

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What is Ondo US Dollar Yield (USDY) and how does it work?

Discover the 7 top Sui meme coins in 2025, from MIU to HIPPO, as they gain traction with fast growth, strong communities, and unique use cases.

 blockchains, have continued to rally as investors make bold moves with renewed risk appetites. As a 

 blockchain, Sui has continued to attract crypto enthusiasts — especially meme coin lovers, who appreciate the platform's speed and affordability.

Recent surges in trading volumes and market caps of SUI meme coins — such as MIU, LOFI and BLUB — highlight growing investor interest. For instance, BLUB experienced an 88% increase in just 24 hours from Apr 22–23, 2025, contributing to the broader rally of SUI as its price surged over 63% in April 2025.

These coins often incorporate unique themes and philanthropic efforts, such as HIPPO's wildlife conservation donations, that foster strong community support.

Let's look at the top Sui meme coins making waves in the crypto market.

​Sui-based meme coins are rapidly gaining traction due to a combination of technological advantages and vibrant community engagement. The 

 parallel transaction execution and unique gas pricing mechanism enable ultrafast transaction speeds and minimal fees. This makes Sui an ideal platform for the high-volume, speculative trading that meme coins often entail. Sui’s scalability and secure Move programming language attract developers seeking efficient and safe environments for launching their new tokens.​

 (DeFi) further supports meme coin growth, providing avenues for increased utility beyond mere speculation. Following are the top ​Sui meme coins based on market cap, as of Apr 30, 2025.

 is currently the leading ​Sui-based “cat meme coin,” with a market cap of $70.6 million. It draws in investors with its fun, energetic branding and community-driven spirit. MIU also features expanded utility beyond its cute cat hype, allowing users to access DeFi and 

 (NFT) opportunities on its platform. It also promotes long-term commitment via its 

 process, as stakers can earn up to 15% APR with 12 months of staking.

The project frequently launches community events and contests, strengthening its dedicated holder base. MIU’s success highlights the growing appetite for meme tokens on scalable blockchains like Sui. Its playful appeal and strong tokenomics have positioned it at the top of the ​Sui meme sector. MIU is a 

 coin: its total supply is 9 trillion tokens, of which 55% are dedicated to a 

, 15% allocated to staking rewards, 15% to ecosystem development, 10% to community and 5% reserved for the team.

MIU continues to ride the wave of growing meme adoption, aiming to become a lasting force within the Sui ecosystem and beyond.

With a market cap of $35.86 million and over 50 million app users, 

 (MEMEFI) is an ambitious Telegram project that blends the world of memes with SocialFi utilities. Unlike typical meme coins that rely solely on hype, MemeFi aims to engage Telegram users with an interactive web3 meme-themed clicker game that offers daily giveaways and incentivizes ad creations for enterprises.

Its native token, MEMEFI, is more than just a mere meme coin, and has use cases for 

You can trade MEMEFI on Bybit’s Spot trading platform (

 is a rising ​Sui meme coin known for its chill "lofi vibes" branding that resonates with a younger, internet-native audience. Beyond its fun appearance, LOFI has demonstrated solid growth by tapping into communities through music, lifestyle and crypto.

The project also ties in eco-conscious initiatives, focusing on providing clean water sources for global communities and addressing the impact of ocean waste and plastic on marine health, giving it a mission-driven angle not typically seen in meme coins. Besides direct donating, minting LOFI Mystic Yetis NFTs also helps contribute to the cause, with 20% of the proceeds going to the LOFI Foundation.

Lofi’s accessible vibe and shrewd marketing strategy continue to attract new supporters, helping LOFI to stand out in the increasingly crowded ​Sui meme scene. 

 (commonly known as HIPPO) is a community favorite in the ​Sui meme world. The HIPPO token mixes humor with philanthropy, donating a portion of its revenues to wildlife conservation initiatives, starting with Thailand’s Khao Kheow Open Zoo that houses Moo Deng, the adorable pygmy hippopotamus that inspired this viral meme coin. This feel-good approach has helped build an extremely loyal community around the HIPPO token.

Sudeng’s dual focus on memes and real-world impact gives it staying power. The project’s growing community engagement ensures that HIPPO remains relevant in a fast-moving crypto space.

You can buy HIPPO as a USDT Perpetual contract on Bybit (

 is making waves in the ​Sui meme coin ecosystem with its aquatic-themed branding and integration of meme culture. Known for its friendly, community-first approach, BLUB frequently hosts giveaways, meme competitions and liquidity incentives to maximize engagement.

The coin’s fun branding and its steady increase in active users have helped BLUB climb the ranks quickly. Its strong online presence and viral meme campaigns have attracted crypto enthusiasts who are looking for the next breakout meme project. As it continues building partnerships and expanding its reach, BLUB demonstrates strong potential to become a staple in the Sui meme scene.

 (TOILET) is a rising meme coin on ​Sui that embraces humor and absurdity in a way that resonates with crypto culture. Its branding focuses on being intentionally ridiculous, tapping into the viral tone of meme coins that don't take themselves too seriously.

The project’s organic, community-driven growth has made it one of the most talked-about newer entrants in the ​Sui meme space. Frequent meme contests, community raids and spontaneous airdrops help fuel engagement. One of its biggest events is the distribution of Toilet Club Alpha Pass NFTs to the top 100 TOILET holders (as indicated by the Apr 21, 2025 screenshot), which gives holders access to all of Toilet Dust's projects and events and the right to vote on Toilet Dust's future development.

Despite its humorous façade, TOILET’s strong holder base and active marketing tactics suggest it may remain relevant as Sui’s meme coin ecosystem continues to expand.

 (FUD), another top project in the ​Sui meme coin category, is built around an adorable pug mascot battling FUD (fear, uncertainty and doubt) in the crypto world. With a humorous tone and clever marketing, FUD has built a vibrant community of holders who embrace both its memes and its mission.

FUD leverages trending memes, contests and airdrop rewards to keep its community marketing fresh and viral, helping it steadily grow in popularity. Its deep integration of ​Sui apps like 

 — as well as its deflationary tokenomics, whereby 20% is dedicated to token burning — makes FUD a strong contender for future growth in the meme space.

Buying ​Sui meme coins on Bybit can be exciting. Nevertheless, it's important to recognize the risks and rewards involved. 

, and their prices can swing wildly and quickly, offering chances for sizeable gains as well as sudden losses.

Always approach these investments with caution, never risking more than you can afford to lose. That said, the fast-growing ​Sui ecosystem and meme culture can create rewarding opportunities for traders who stay informed and manage their risk properly.

Currently, you can buy MEMEFI as a Spot pair and Perpetual contract on Bybit. HIPPO is also available as a Perpetual contract. This gives traders the flexibility to choose the type of exposure they want — simple buying and holding with Spot, or leveraged trading with Perpetual contracts.

Spot trading is the most straightforward way to buy ​Sui meme coins, as you directly purchase the coin and own it outright. On Bybit, the process is simple. After choosing the Spot pair, such as MEMEFI/USDT, select your preferred order type — e.g., 

(you set the price you're willing to pay) — and confirm the trade to make your purchase.

Spot trading is ideal for beginning traders, as well as anyone who prefers a more straightforward, lower-risk approach as compared to 

Buying Sui meme coins as Perpetual contracts

Bybit offers MEMEFI and HIPPO as USDT Perpetual contracts for those seeking more advanced trading options. With Perpetual trading, you don’t own the actual coins; instead, you speculate on their price movement. Key points to understand include the following:

Perpetual contracts can offer significant rewards, but require a strong understanding of 

. Always start with lower leverage and practice solid trading discipline.

Whether you prefer the simplicity of Spot or the strategy of Perps, Bybit provides flexible ways to explore the booming ​Sui meme coin market.

The rapid rise of meme coins on the Sui blockchain highlights the power of community-driven projects when they’re paired with innovative technology. Thanks to Sui’s high-speed transactions, low fees and developer-friendly environment, Sui meme coins like MIU, LOFI and HIPPO have found a perfect ecosystem in which to thrive. Each project brings something unique to the table — whether humor, philanthropy, DeFi innovation or pure meme culture — creating a vibrant and diverse ​Sui meme coin landscape.

Beginner

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7 top Sui meme coins to pay attention to in 2025

Mastercard has partnered with Circle, Paxos, and Nuvei to allow 150 million merchants to accept stablecoin payments. 

Daily top performer — Drift Protocol (DRIFT)

The S&P 500 rose 0.58% for a sixth straight gain as markets await key inflation and GDP data, alongside earnings from Meta and Microsoft. Gold fell 0.60% to $3,323 as a stronger USD and improved risk appetite limited safe-haven demand. Prices remained range-bound, with key levels at $3,260 support and $3,400 resistance. The Coindesk Indices, which tracks the broader crypto market, rose 0.51%, with Bitcoin and Ether up 0.55% and 1.31%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is DRIFT, which surged 28.7% following the introduction of Amplify, Drift's tool for simplified leverage that boosts yields with increased risk.

Drift Protocol (DRIFT), founded in 2021, is a decentralized exchange (DEX) on Solana offering spot trading, perpetuals, and market-making tools. Drift v2 builds on this by improving trading efficiency, security, and user-centric features, incorporating community feedback to enhance the platform. 

 by Drift automates leveraging strategies for higher yields by recursively borrowing against yield-generating assets. It simplifies the process, making leverage accessible with one click. However, risks such as liquidation, changing interest rates, and oracle failures exist. Amplify is designed for users with JLP or SOL LSTs seeking to boost yields with minimal complexity but comes with increased risk.

Check out the latest prices, charts, and data of 

 with Circle, Paxos, and Nuvei to allow 150 million merchants to accept stablecoin payments. The company aims to make it easier for both merchants and consumers to use stablecoins, promoting blockchain technology's mainstream adoption. Additionally, Mastercard has launched a crypto payments card with MetaMask, enabling self-custodied fund transactions with fast processing speeds. Stablecoin market growth is expected to reach $3.7 trillion by 2030.

Yesterday, Bitcoin spot ETFs saw $43.9 million in net outflows, all from non-GBTC funds, while GBTC recorded zero flows.

, a Layer-1 blockchain focused on AI agents and user-owned IP, is offering a limited-time free ticket to its Summit Series for the next 18 hours. Users can also join the Camp Points Program by completing simple tasks to earn points, which may qualify them for a future $CAMP token airdrop. A minimum of 30 points is required to be eligible. Daily check-ins earn bonus points. VPN use may be needed for access.

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Mastercard partners with Circle, Paxos, and Nuvei to enable stablecoin payments for 150 million merchants

Gold's meteoric rise in 2025 is closely tied to broader macroeconomic factors, particularly the performance of the US dollar and global stock markets. 

Gold's meteoric rise in 2025 is closely tied to broader macroeconomic factors, particularly the performance of the US dollar and global stock markets. A weakening dollar, combined with disappointing equity returns, has created a fertile environment for gold to thrive. With gold priced in dollars, any depreciation in the US currency enhances gold's relative value, attracting both domestic and international investors.

Year-to-date, gold has gained 26%, while the S&P 500 has declined by 11%. This inverse relationship underscores gold's role as a traditional 

 during periods of economic uncertainty and market volatility.

Adding to the bullish momentum, inflationary pressures are remaining persistent, further eroding the purchasing power of fiat currencies and boosting gold's appeal as a hedge against currency devaluation.

Geopolitical uncertainty and tariff risks

Trade policies under U.S. president Trump have reignited fears of global tariff wars. The uncertainty surrounding tariffs has prompted investors to seek refuge in gold, considered the "global currency" during times of economic disruption. Concerns about tariffs on key commodities, including gold itself, have added another layer of complexity to market dynamics.

Potential tariffs on gold could mirror the recent surge in copper prices, as supply constraints and increased demand drive costs higher. Exporters and importers, wary of volatile exchange rates, are increasingly opting to hold gold instead of more vulnerable currencies like the Canadian dollar (CAD), Japanese yen (JPY), euro (EUR), Chinese yuan (CNY) and Mexican peso (MXN).

By serving as a neutral reserve asset, gold provides much-needed stability amid shifting trade patterns and geopolitical tensions. As global commerce adapts to new tariff structures, the demand for gold as a "store of value" is likely to intensify.

Interestingly, the ongoing trade war dynamics suggest that for the first time in decades, gold may be emerging as the 

. As U.S. imports become more expensive due to tariffs, exporting countries earn less revenue and, consequently, reduce their investments in US Treasuries. This dynamic has led to selling pressure on Treasuries, weakening their traditional role as a safe-haven asset — and with Treasuries losing their appeal, investors are increasingly parking their capital in gold, reinforcing its unique position during this period of heightened trade tensions.

From a technical standpoint, gold's rally appears robust. The 

 (MACD) indicator remains positive, signaling that bullish momentum is intact. Notably, the 12-day moving average is above the 26-day moving average, confirming that short-term price action is outpacing longer-term trends.

 (RSI) stands at 60, indicating that while gold is nearing overbought territory, momentum hasn’t yet faded. This technical setup suggests that gold could continue its upward trajectory in the near term, especially if macroeconomic and geopolitical factors remain supportive.

The next upside technical target is pegged at $3,500, with analysts projecting a potential move toward $4,000 by year end if current momentum holds.

China's role in supporting gold prices cannot be overstated. Amid a deepening economic slowdown and strict capital controls, Chinese investors are increasingly turning to gold to preserve their wealth. With over 1.4 billion citizens seeking alternatives to a weakening yuan, demand for gold within China has surged.

This trend is reflective of a broader shift in emerging markets, whereby gold is viewed not just as an investment but as a critical safeguard against economic instability and currency depreciation. Intensifying Chinese demand provides an additional tailwind to global gold prices.

While gold commands the spotlight, silver presents an intriguing complementary opportunity. Historically correlated with gold, silver remains significantly below its ATH of $50, which was set in 2011. Given the momentum in precious metals, silver's relative undervaluation offers considerable upside potential for investors seeking diversification.

With industrial demand also supporting silver prices, silver could benefit from both safe-haven inflows and economic recovery scenarios, making it a compelling addition to a diversified precious metals portfolio.

In conclusion, gold's impressive surge to record highs is being driven by a combination of macroeconomic headwinds, geopolitical uncertainty and strong technical indicators. Trade policy risks, the weakening dollar and growing demand from China reinforce gold's role as a premier safe-haven asset.

Because technical momentum remains positive and investor sentiment strong, gold appears well positioned to continue its ascent toward the $3,500 mark by year end. Investors seeking to hedge against economic instability and currency volatility will likely find gold — and potentially silver — to be attractive additions to their portfolios in 2025.

Advanced

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Bybit X FXStreet Report: Gold could reach US$4,000 per ounce by 2025

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Crypto

Ethermine, the largest Ethereum mining pool, has launched a new staking service called Ethermine Staking following The Merge. Find out more about it here.

With Ethereum’s long-anticipated and long-delayed 

 and investors are considering what steps to take moving forward. How well The Merge goes will influence some investors’ and traders’ decisions. Others, who have strong convictions about 

 or who are taking a long-term approach, may not be too concerned about the after-effects of The Merge. 

 is one of the top options for staking ETH after The Merge — and you can actually begin staking immediately if you want to.

Mining Ether on Ethermine is a simple process. On the website, click on 

, then choose your mining server and mining software. Ethermine offers servers in the U.S., Europe and Asia. There are two options for the U.S. and Asia, depending on where you live, so that you can choose a server closer to you. 

Mining software compatible with Ethermine includes options for Windows AMD, Windows NVIDIA, Linux® AMD and Linux NVIDIA. You can view the specific software on the Mining page. Ethermine provides a link to each software's download and a configuration guide, making it easy to get started.

Anyone with a computer can mine Ether, but it may or may not be profitable, depending on the hardware used and the cost of electricity. It’s necessary to run calculations to determine whether to mine on your own or with a large Ethereum mining pool. The average computer isn't able to profitably mine Ether. 

 that you can use to easily make this calculation.

 of the participants to mine the cryptocurrency. If the mining pool successfully mines a block, then the reward is divided among the participants. A benefit of using one of the larger Ethereum mining pools, such as Ethermine, is that you’ll have a higher success rate. This mining pool is responsible for 22% of the Ethereum network's hash rate. It only charges a 1% fee on mining rewards, and the platform is available on both desktop and mobile.

Because Ethereum has long had the aim to switch to a 

 (PoW) model, the closure of Ethereum mining pools is inevitable. Now that The Merge has been completed, Ethermine has shut down its ETH mining service. 

All is not lost for ETH miners, however, as Ethermine has already launched 

 so that users can continue to be rewarded for "mining" ETH. 

What Will Happen to ETH Miners After Ethereum’s Merge?

ETH miners have several possible routes to take after The Merge. One is to switch to mining 

 (ETC), which will remain a PoW network. Alternatively, miners could begin mining another of the many PoW cryptocurrencies available, such as 

. They may want to keep some more potential income flowing in by staking their Ether. This won't be as profitable as their previous mining activities, however, so they’ll probably want to find a new cryptocurrency to mine in addition to staking ETH. If miners choose to begin staking ETH, then they’ll be known as validators.

What ETH miners do after The Merge will affect the price of ETH. If enough miners stick around to stake, then the price of ETH may remain stable or increase. On the other hand, if too many ETH stakers or large holders leave the network, then ETH may see a selloff.

After The Merge, validators can expect to earn at least

 on their staked ETH. You can make your ETH staking returns more predictable by running multiple validators, or by joining a staking pool.

Alternatively, ETH miners can also look forward to mining 

 instead, Ethereum’s forked token. ETH holders will have already received their ETHW airdrop after The Merge. If you’re looking to 

Ethermine isn't going anywhere, however, just because Ethereum has transitioned into a PoS model. The platform has made the transition alongside the Ethereum network. Its new ETH staking service will enable users to collectively stake and earn interest on 0.1 ETH and above through the platform.

This new ETH staking service isn't to be confused with 

, which is a solo staking service, not a staking pool. Solo staking involves using your own validator to stake. Another difference on ETHpool is that solo staking requires at least 32 ETH per validator.

Ethermine Staking is a staking pool service that collectively stakes ETH from multiple users, making it possible for anyone to stake. At least 32 ETH will be in the staking pool because this is an Ethereum-imposed requirement in order to stake Ether.

Ethermine Staking is currently operating with an invested balance of 660 ETH, and it is offering stakers an annual ETH interest rate of 5.23%. Prior to The Merge, Ethermine Staking didn’t charge a fee for its service. However, now that The Merge has been completed, Ethermine will start to collect a fee to help manage the nodes. Fees will depend on the amount of ETH you’ve invested, including the ETH from your referrals. If you invest 0.1 to 31.9 ETH, you’ll have to pay a 15% fee. However, this fee decreases when you invest more ETH. 

The service uses an open-source reference rate for transparency. Ethermine Staking runs on 

 that provides a calculation of your daily average financial return. The code that 

 uses is also open-source, so that anyone can view it to confirm that it's safe to use.

Ethermine Staking uses a simple, non-compound interest rate. The percentage of your return is based on your initial deposit. When you stake with this platform, your investment begins accruing interest after about 36 hours or so. The exact formula is (confirmation period + waiting period + next reward day). It only takes 12 hours for confirmation, while the waiting period is 24 hours.

You could choose to eliminate the confirmation period by waiving it in the email you receive, or through your dashboard. Otherwise, if you want to go through the confirmation period, it begins after your transfer has gone through 65 confirmed blocks. Once the waiting period ends, your staked ETH begins accruing interest on the next reward day. Reward days start at 12:00:23 UTC.

Ethermine Staking offers a referral program, which works as follows: When your referral stakes ETH, the platform reduces your fee based on that amount. For example, if you’ve staked 20 ETH (which carries a fee of 15%), your fee would drop to 13% if a referral stakes 12 ETH, since staking 32 to 95.9 ETH carries a 13% fee.

Unlike ETH mining, there are no computer hardware requirements to participate in this staking pool. You don't need technical knowledge for this service, either. If you were to go with solo staking, however, you’d need some technical knowledge to correctly set it up. In addition, losing your 32 ETH due to an error in setting up your solo staking is a possibility.

An invested amount of 96–959.9 ETH carries a fee of 10% on returns. The lowest possible staking fee is 8%, for investments of 960 ETH and above.

You can earn rewards with as little as 0.1 ETH. If you were to stake on your own, you'd need at least 32 ETH to generate rewards. This low barrier to entry allows anyone to get started. Because of this, you may be able to get some of your friends and/or loved ones in on staking, too.

Ethermine Staking promotes accurate risk assessment, because its reference rate is open-source and provides daily calculations on your returns. In addition, it's not just your reference rate that you can view. You can check the reference rate of other validators who are using the platform as well. For instance, if you were planning to move to another country, you could see what the reference rate is in that region.

Ethermine Staking has a support channel open 

. Thus, you don’t need to worry that you’ll be left in the dark if you encounter any issues.

Because the platform has a high number of users and staked ETH, you can benefit from larger and more reliable returns, and the platform is unlikely to shut down.

The platform uses an open-source code and reference rate. You'll always know clearly what your daily returns are, and you (or anyone else) can check the code to find out how the system is functioning.

You don't need to maintain your own node when you stake ETH through Ethermine Staking. Maintaining a node takes more time and requires technical knowledge — whereas you just have to click a few buttons with Ethermine Staking. Of course, there are also hardware requirements and energy costs with running your own node.

Ethermine Staking won't be accepting users from the U.S., so if you’re a U.S. resident, you'll have to find another staking pool that accepts U.S. users.

Ethermine charges a higher fee for its new ETH staking service on smaller amounts of staked ETH. Thus, if you only have a little bit of ETH to start with, your fee could be as high as 15%.

Just as with other methods of staking ETH, there is risk involved. Exploits, bugs and slashing are some of the potential risks that come with staking ETH. There's also the possibility of withdrawal freezes with any platform that you use to stake.

After The Merge, you'll need to wait until the 

 to withdraw your staking rewards. This could take anywhere from six months to five years.

Ethermine Staking vs. Other Ethereum Staking Pools

 are some of the other ETH staking pools that you can use.

Similar to Ethermine Staking, Rocket Pool and Stkr also allow you to start with small amounts of ETH. However, Stkr (a 

, and is powered by the ANKR token) has a higher minimum of 0.5 ETH. All of these platforms are fairly secure, and easy to use as well.

Rocket Pool and Stkr tokenize your ETH earnings so that you can make withdrawals without having to wait on the Ethereum protocol to roll out the Shanghai Upgrade. You would earn rETH from Rocket Pool and aETH from Stkr. You could sell your tokenzied ETH, or use it in DeFi products.

, so you don't need to use an external UI to manage your staked ETH. This is convenient for those who use MetaMask.

Rocket Pool spreads out a slashing loss across the entire staking pool, so that no single person takes the hit alone. Slashing is when the individual operating the node makes a mistake and loses ETH. Theft and loss of ETH is a possibility, no matter what type of staking method you use. Rocket Pool could be a way of minimizing your losses if one were to occur.

Stkr also has protections in place for users in case the node is slashed. Those who want to run nodes for Stkr need to provide 4 ETH as a security deposit for the purpose of compensating stakers (who may suffer from the node being slashed). If a node is slashed too many times in a certain time period, the person who was running the node will no longer be allowed to operate it through Stkr.

Since you can start staking ETH on Rocket Pool with as little as 0.01 ETH (which is even smaller than the 0.1 ETH minimum for Ethermine), you may want to try Rocket Pool. 

, however, is geared toward high-net worth investors. For those who have the liquidity to use Staked, it offers higher returns than other options.

Ethermine Staking is worth trying for both beginning and experienced traders. A trustworthy brand that's already in the mining and staking industry is behind it to help give you confidence. However, it's only for those with a long-term plan, because your ETH will be locked up until Ethereum rolls out the next phase that will allow withdrawals. It could take years for the Shanghai Upgrade, just as it took years for The Merge to finally occur.

Ethermine Staking is an easy, relatively safe way to stake ETH. Whether you have a small or a large amount of ETH to stake, you can use the platform. There’s no cap on how much ETH you can stake. The downside is that you'll have to wait six months to five years to withdraw your rewards, because that’s dependent upon Ethereum rolling out its next critical advance, the Shanghai Upgrade.

What Is Ethermine & How Does Its ETH Staking Service Work?

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